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Computation of Basic and Diluted Net Income (Loss) Per Common Share (Tables)
12 Months Ended
Dec. 28, 2013
Reconciliation of the Numerator and Denominator of Basic and Diluted Net Income (Loss) Per Common Share

A reconciliation of the numerator and denominator of basic and diluted net income (loss) per common share is provided as follows (in thousands, except per share amounts):

 

 

  

FY 2013
Year Ended
December 28,
2013

 

  

FY 2012
Year Ended
December 29,
2012

 

 

FY 2011
Year Ended
December 31,
2011

 

Numerator:

 

 

 

 

Income (loss) from continuing operations

 

$

2,231

 

 

$

(170

)

 

$

2,141

 

Income from discontinued operations

 

 

 

 

 

1,608

 

 

 

469

 

Net income

 

$

2,231

 

 

$

1,438

 

 

$

2,610

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock (basic)

 

 

9,245

 

 

 

8,935

 

 

 

8,958

 

Effect of dilutive preferred shares

 

 

448

 

 

 

 

 

 

1,000

 

Effect of dilutive stock options

 

 

291

 

 

 

 

 

 

245

 

Effect of dilutive contingent shares

 

 

120

 

 

 

 

 

 

22

 

Weighted average shares of common stock (diluted)

 

 

10,104

 

 

 

8,935

 

 

 

10,225

 

 

Per share data:

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) before discontinued operations

 

$

0.24

 

 

$

(0.02

)

 

$

0.24

 

Discontinued operations

 

 

0.00

 

 

 

0.18

 

 

 

0.05

 

Net income

 

$

0.24

 

 

$

0.16

 

 

$

0.29

 

 

Diluted net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) before discontinued operations

 

$

0.22

 

 

$

(0.02

)

 

$

0.21

 

Discontinued operations

 

 

0.00

 

 

 

0.18

 

 

 

0.05

 

Net income

 

$

0.22

 

 

$

0.16

 

 

$

0.26